JP Morgan Explains the Impact of Donald Trump's Presidency on Bitcoin (BTC) and Gold Prices!
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2024
0mins
Source: Coinmarketcap
Bitcoin's Surge Ahead of US Elections: Bitcoin has surpassed $73,000 as the US elections approach, with expectations that its price may rise further if Trump wins, driven by increased interest from individual investors.
JP Morgan's Analysis on Investor Behavior: JP Morgan analysts indicate that a potential Trump victory could boost demand for Bitcoin and gold ETFs among retail investors, suggesting a trend towards riskier assets and more speculative trading.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
